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Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ] The

Required information
Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
The first production department of Stone Incorporated reports the following for April.
Exercise 16-9(Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory
LO P1
The production department had the cost information below.
a. Compute cost per equivalent unit for both direct materials and conversion.
Note: Round "Cost per EUP" to 2 decimal places.
b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next
department and its ending work in process inventory.
Note: Round "Cost per EUP" to 2 decimal places.
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